Constantine Metal Resources Ltd V.CEM

Fight the Urge to Sell

[ilafalot2]

I am guessing that some good news is coming down the pike either Monday or later in the week.  It may be tempting to realise a nce gain at 40c say, when one only paid 20c.  But that misses the point.
Our market cap is a measly $37M--that's nothing for a decent discovery.  We can thank management for doing an outstanding job over many lean years in avoiding dilution.  They were creative in finding a partner to put up $22M  for exploration when the equity markets were paralised.  That was followed by the sale of some gold assets to finance the current program.
The result is that we have far fewer shares outstanding than our peers.  So think long and hard before pulling the trigger this week.
Together we are stronger in riding whatever wave develops to an appropriate market capitalisation.